Watch McCain discuss the stimulus bill on American Morning Monday.
WASHINGTON (CNN) - Sen. John McCain says he'd vote against the bill backed by President Obama to pump up the economy.
The former GOP presidential nominee said Monday on CNN's "American Morning" that he's working with a group of fellow Republican senators to come up with an alternative package that emphasizes payroll tax cuts, incentives for people to stay in their homes, and an end to the stimulus spending when the economy begins to recover.
Related: Senators work for bipartisan support on stimulus
The Senate is expected to begin debate Monday on a nearly $900 billion stimulus plan. An $819 billion dollar version of the bill passed the House of Representatives last week without a single Republican vote. All 177 GOP House members voted against the legislation, saying it was too heavy on spending and too thin on tax cuts.
McCain's hungry for more tax cuts in the bill, saying "we would like too to see more incentives such as a $15,000 tax credit for home ownership. We would like to see elimination of these policy changes which have nothing to do with jobs, we want the stimulus package to focus on jobs."
And McCain says that some provisions in the current bill, crafted by Congressional Democrats, need to go, adding that "many of the policy changes they put in have nothing to do with stimulating the economy."
The senator from Arizona also called for serious negations with the Democrats who run the Senate, saying that '"we are clearly prepared to sit down, discuss, negotiate, a try to get a stimulus package that will create jobs. We all know how tough the economy is. It's been rammed through the Senate so far, we need to seriously negotiate. We haven't done that yet. We can do it, though."
More: McCain says Democrats need to 'seriously negotiate'
McPalin is a sore loser...a near-extinct Republican Reptile who fortunately for the country lost to Obama and now wants to do what he can to hurt not only the President, but the populace in a fit of petty politics. Now we see the dark side of what would be going on if that clown HAD won the election!
We need a stimulus no question. The current house proposal is piled high with an expansion of social welfare programs. Rip up the piece of crap bill and do it right.
You mean, John McCain gives the C O R R U P T MSM bad news.
Dems = spends. I'm all for helping someone when they're down. Unfortunately, all these entitlements encourage people to stay down, and not to strive for somewthing better.
McCain wants a $15K credit for owning a home? I guess that will pay off big for a man with so many houses...
Of course, McCain IS an expert on the economy...he showed that during the campaign....maybe WE ought to listen to him...
I wonder if he still believes the "fundamentals of our ecomoy are strong"?
Fine time to say that now, you should have voted against funding the EYERACK WAR, then you wouldn't have to vote this time around.
Like you tried to put your campaign on hold and rush back to Washington and vote on the bailout set up by your good ol pal "W"!!!!
A lot of good that did you too, your other pals at the banks don't get it, $$18 billion in bonuses!!!! Here is a chance for you to finally get something right!!
We know that you are just trying to save your on butt when you run for re-election in 2010!!!!
Gosh...I'm glad he didn't win, Teresa, you wrong-headed fool! Wake up and smell the chaos...brought on by republicans and their free-spending, let it all happen philosophy that got us into the mess the country is in today. Gosh, I'm sure GLAD HE DIDN'T WIN!!!
Here is a radical thought. Obama wants to create 2-3,000 jobs. DO you realize that with $800 billion you could GIVE 5,500,000 people jobs for 2 years at a salary of $75,000 if you just gave this money away – just give it away over the next 2 years to 5,500,000 unemployed people at the annual rate of $75,000 each. That should underscore the enormity of this spending bill. The way the Dems have it written, we will not see many NEW jobs at all -– but the absurdly nonsensical simplistic thought of giving the money away has the GUARANTEED effect of creating 5,500,000 (over five million) new jobs for 2 years at $75,000 each. At the end of 2 years we surely could get these paople alternative work. And, if these 5,500,000 people actually did something for the money, this economy would go into hyper drive overnight. You would think that if our elected leaders controlling the House, Senate, and White House could come up with a stimulus bill free of earmarks and pork, and which actually put people back to work. Instead Pelosi and Reid sabotage Obama and create a Christmas Shopping List of spending
Obama doesn’t seem to be very good at uniting people.
He’s so polarizing it’s going be difficult for him to get much done in a bipartisan way.
When Bush gave the big tax cuts to the wealthy, McCain was against that. He doesn't know which way the wind should blow. We are still paying for the tax cuts Reagan gave. Thank God McCain and Palin (who probably knows less than nothing about the economy) did not win this election. I don't think anyone knows how to fix the mess Bush and the Republicans have created.
This from the guy who admitted economics was not his forte. The republicans will do anything to see that Obama fails. Oh yea, our country first!!! It's still politics as usual in Washington headed by the same "old guys" who ought to retire and go home and let some fresh blood in there.
Republicans had their run, and they ran our economy into the ground. It's the Democrats who now have to fix your filthy stinking mess. My advice: sit down and shut up before you make this any worse.
Shoot the pork barrels out of the bill!
Obstructionist Republicans who want America to fail. Tax cuts helped get us into this mess. They won't get us out. Republicans got us into this mess. Of course they won't get us out. They only care about the very, very, very rich.
The only thing that these plans will stimulate is inflation.
These politicans have sold us out! We have to endure an additional $6000 per household in new debt so that these clowns can go on a shopping spree.
How long will those who work for a living put up with this? We're either slaves or dependents to this government. One day these bills will become due. When that day comes, who will they blame? The "rich" for not paying enough taxes? The "poor" for sucking the public teat dry? We all will share the blame because we again and again vote these crooks into office.
It is people like McCain and their CORPORATE INTITLEMENT programs that created the problems we face today. You repubs like to call Dems socialists but guess what you are, you are corporate socialists. Is in not obvious that conservativism is dead, time to bury it.
I'm glad to see that McCain who admitted to being weak on economics is leading the way on economic reform. He and others are right though that the package that the Senate came up with has lots of unnecessary fat in it and should be geared strictly to generating jobs, protecting homeowners and putting money into infrastructure.
Isn't what the republicans are proposing, what got us in trouble in the first place? Are they saying we need more of the same!!
I dont see why it matters how Senator McCain will vote. Senator McCain is just that a Senator and considering he is a republican it is not necessarily newsworthy that he will vote against the stimulus bill.
This is just McCain attempting to get some attention because he didn't win the election, I personally think that Obama's economic plan is great.
I am not a Republican and I voted enthusiastically to Obama. However, based on how the bailout has gone so far, leaves many doubts in my mind about the stimulus package and government's ability to run or oversee any "big" government programs such as health care.
This is the same platform John McSenile ran on and GW perfected for the last 8yrs and was resoundly defeated!!!!
sore losers just trying to be spoilers!
this man has been in washington for so long he just keeps repeating the same mantra:
Who are we giving tax cuts? millions of americans who are losing their jobs? I doubt it!!!
Or big oil / wall street corporations who are lining their pockets with our hard earned dollars, and making their companies go under?!!!
Opposing the stimulus package just for the sake of opposing it doesn't show leadership & foresight....these republiklans are deucebags!
they need to get in there and support the president to help create jobs; but obviously they dont care about ordinary americans....they just want to continue the partisan divide and spew their rush limbaugh/sean hannity talking points of bigotry, hate & divisiveness!!!!
McCain deserved Sarah Palin. Two of a kind